CLAIM #2641 · AbbVie Inc (ABBV) · 2025Q3 earnings call · Oct 31, 2025 · due Oct 31, 2035
“This includes investing at least $10 billion of capital in the U.S. over the next 10 years.”
Rob Michael · CEO
How to check this claim
Look at: Cumulative capital invested by AbbVie in U.S. manufacturing/R&D facilities and operations over the 10-year period
It came true if: Cumulative disclosed U.S. capital investment >= $10 billion
Where: Company press releases, 10-K capital expenditure disclosures, and management commentary on earnings calls through the period
In context
“a for lutikizumab, Temab-A and etentamig. These pipeline programs have the potential to drive growth for AbbVie later this decade. We also continue to invest in external innovation, adding novel mechanisms and platform technologies to further augment our pipeline to drive growth in the 2030s and beyond. Our recent deal activity includes announcing the acquisition of Gilgamesh's bretisilocin, expanding our psychiatry pipeline with a next-generation psychedelic currently in Phase II development for MDD. And closing the acquisition of CapstanTherapeutics, further strengthening our immunology pipeline with an in vivo CAR-T platform. Our consistently strong performance as well as the progress we are making to build and advance a robust pipeline fully supports our capital allocation priorities. This includes investing at least $10 billion of capital in the U.S. over the next 10 years. Construction is already underway for a new API manufacturing site in North Chicago as well as expansion of biologics manufacturing and R&D capacity at our existing site in Worcester. We are also committed to delivering a healthy, sustainable dividend that grows every year. Today, we announced a 5.5% increase in our quarterly cash dividend, beginning with the dividend payable in February 2026. Since inception, we have grown our quarterly dividend by more than 330%. In summary, this is an exciting time for AbbVie. We are demonstrating outstanding execution across our portfolio, and our long-term outlook remains very strong. With that, I'll turn the call over to Jeff for additional comments on our commercial highlights. Jeff? Jeffrey Stewart: Thank you, Rob. I'll start with the quarterly res”
Verify independently
SEC filings for ABBV ↗ · Claim quote is verbatim from the 2025Q3 earnings call.